Canada's trade surplus widened to C$2.7 billion in April 2026 as crude oil exports surged 7% and total merchandise exports hit a record C$75.2 billion.

OTTAWA - Statistics Canada says the country's merchandise trade surplus grew to $2.7 billion in April as higher oil prices helped boost exports to a record high.

Canada posted a trade surplus for the second consecutive month in April, driven primarily by higher prices for oil and energy. Read more